BREAKING: Dangote crashes diesel price to N1,000 per litre
April 16, 2024 In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
IMF Adjusts Nigeria’s Economic Growth Forecast to 3.3% in 2024, Sub-Saharan Africa Holds at 3.8%
The International Monetary Fund (IMF) has recently made adjustments to Nigeria’s economic growth forecast, projecting a growth rate of 3.3%
Oil pipeline: Contractors doing great job to protect national assets – Forum
April 16, 2024 The Middle-Belt Pan Nigerian Forum has appealed to President Bola Tinubu, urging him to disregard the baseless calls
National Single Window Steering Committee: Revolutionizing Nigeria’s Trade Efficiency
The Nigerian government has recently unveiled a groundbreaking policy aimed at tackling inefficiencies in the country’s import and export sector,
SEECA Condemns 300% Tariff Increase, Demands Free Prepaid Meters
The South-East Electricity Consumers Association (SEECA) has strongly criticized the recent 300% tariff hike announced by the Federal Government. In
Why bread costs more – Bakers
April 16, 2024 The Premium Bread Makers Association of Nigeria (PBAN) has revealed the reasons behind the growing cost of bread, which
Primate Ayodele Urges Tinubu to Address Economic Hardship for Nigeria’s Future
Primate Elijah Ayodele, the esteemed leader of the INRI Evangelical Church, has recently offered some insightful advice to President Bola
Nigeria Inflation Surges to 33.20% Despite Naira Gains: Prices of Goods Soar
Despite the recent strengthening of the Naira against the Dollar in Nigeria’s foreign exchange market, the prices of goods and
Nigerians Saving in Dollars Due to Lack of Faith in Naira, Minister of Finance Reveals
Nigerians are turning to saving in dollars as they have lost faith in the Naira, according to Finance Minister Wale
High Cost of Diesel Driving Up Prices of Goods in Nigeria: Manufacturers Association Chief
Nigerian manufacturers have pointed to the high cost of diesel as the primary reason for the soaring prices of goods
Naira Appreciates to N1000 Per Dollar, Expected to Drop Further: BDC Operator
The Nigerian Naira saw a significant boost in value as it appreciated to N1000 per US dollar at the start
Naira sustains rally across markets
April 15, 2024 The naira has strengthened further across the foreign exchange (forex) markets amid expectations that the national currency